TVSMOTOR
Tvs Motor Company Ltd
Max pain for TVSMOTOR
16 Sep 2024 04:10 PM IST
Max Pain for TVSMOTOR is 2800
Strike 2000 has a total call value of 0 versus a total put value of 137,409,300,000 Combined total value = 137,409,300,000
Strike 2020 has a total call value of 32,200,000 versus a total put value of 133,525,000,000 Combined total value = 133,557,200,000
Strike 2040 has a total call value of 64,400,000 versus a total put value of 129,640,700,000 Combined total value = 129,705,100,000
Strike 2060 has a total call value of 96,600,000 versus a total put value of 125,756,400,000 Combined total value = 125,853,000,000
Strike 2080 has a total call value of 128,800,000 versus a total put value of 121,872,100,000 Combined total value = 122,000,900,000
Strike 2100 has a total call value of 161,000,000 versus a total put value of 117,987,800,000 Combined total value = 118,148,800,000
Strike 2120 has a total call value of 193,200,000 versus a total put value of 114,103,500,000 Combined total value = 114,296,700,000
Strike 2140 has a total call value of 225,400,000 versus a total put value of 110,253,500,000 Combined total value = 110,478,900,000
Strike 2160 has a total call value of 257,600,000 versus a total put value of 106,403,500,000 Combined total value = 106,661,100,000
Strike 2180 has a total call value of 289,800,000 versus a total put value of 102,553,500,000 Combined total value = 102,843,300,000
Strike 2200 has a total call value of 322,000,000 versus a total put value of 98,703,500,000 Combined total value = 99,025,500,000
Strike 2220 has a total call value of 354,200,000 versus a total put value of 94,875,900,000 Combined total value = 95,230,100,000
Strike 2240 has a total call value of 386,400,000 versus a total put value of 91,048,300,000 Combined total value = 91,434,700,000
Strike 2260 has a total call value of 418,600,000 versus a total put value of 87,220,700,000 Combined total value = 87,639,300,000
Strike 2280 has a total call value of 450,800,000 versus a total put value of 83,449,100,000 Combined total value = 83,899,900,000
Strike 2300 has a total call value of 483,000,000 versus a total put value of 79,677,500,000 Combined total value = 80,160,500,000
Strike 2320 has a total call value of 515,200,000 versus a total put value of 75,922,000,000 Combined total value = 76,437,200,000
Strike 2340 has a total call value of 547,400,000 versus a total put value of 72,166,500,000 Combined total value = 72,713,900,000
Strike 2360 has a total call value of 579,600,000 versus a total put value of 68,411,000,000 Combined total value = 68,990,600,000
Strike 2380 has a total call value of 611,800,000 versus a total put value of 64,655,500,000 Combined total value = 65,267,300,000
Strike 2400 has a total call value of 644,000,000 versus a total put value of 60,900,000,000 Combined total value = 61,544,000,000
Strike 2420 has a total call value of 690,200,000 versus a total put value of 57,242,500,000 Combined total value = 57,932,700,000
Strike 2440 has a total call value of 736,400,000 versus a total put value of 53,585,000,000 Combined total value = 54,321,400,000
Strike 2460 has a total call value of 782,600,000 versus a total put value of 49,927,500,000 Combined total value = 50,710,100,000
Strike 2480 has a total call value of 828,800,000 versus a total put value of 46,270,000,000 Combined total value = 47,098,800,000
Strike 2500 has a total call value of 875,000,000 versus a total put value of 42,634,200,000 Combined total value = 43,509,200,000
Strike 2520 has a total call value of 921,200,000 versus a total put value of 39,259,500,000 Combined total value = 40,180,700,000
Strike 2540 has a total call value of 967,400,000 versus a total put value of 35,884,800,000 Combined total value = 36,852,200,000
Strike 2560 has a total call value of 1,013,600,000 versus a total put value of 32,547,900,000 Combined total value = 33,561,500,000
Strike 2580 has a total call value of 1,059,800,000 versus a total put value of 29,238,300,000 Combined total value = 30,298,100,000
Strike 2600 has a total call value of 1,106,000,000 versus a total put value of 25,973,500,000 Combined total value = 27,079,500,000
Strike 2620 has a total call value of 1,206,100,000 versus a total put value of 23,023,700,000 Combined total value = 24,229,800,000
Strike 2640 has a total call value of 1,306,200,000 versus a total put value of 20,129,200,000 Combined total value = 21,435,400,000
Strike 2660 has a total call value of 1,406,300,000 versus a total put value of 17,299,100,000 Combined total value = 18,705,400,000
Strike 2680 has a total call value of 1,506,400,000 versus a total put value of 14,616,700,000 Combined total value = 16,123,100,000
Strike 2700 has a total call value of 1,606,500,000 versus a total put value of 12,030,900,000 Combined total value = 13,637,400,000
Strike 2720 has a total call value of 1,906,100,000 versus a total put value of 9,790,900,000 Combined total value = 11,697,000,000
Strike 2740 has a total call value of 2,205,700,000 versus a total put value of 7,648,900,000 Combined total value = 9,854,600,000
Strike 2760 has a total call value of 2,562,700,000 versus a total put value of 5,775,700,000 Combined total value = 8,338,400,000
Strike 2780 has a total call value of 3,076,500,000 versus a total put value of 4,161,500,000 Combined total value = 7,238,000,000
Strike 2800 has a total call value of 3,714,900,000 versus a total put value of 2,846,200,000 Combined total value = 6,561,100,000
Strike 2820 has a total call value of 5,158,300,000 versus a total put value of 2,179,100,000 Combined total value = 7,337,400,000
Strike 2840 has a total call value of 7,098,000,000 versus a total put value of 1,771,000,000 Combined total value = 8,869,000,000
Strike 2860 has a total call value of 9,520,000,000 versus a total put value of 1,456,000,000 Combined total value = 10,976,000,000
Strike 2880 has a total call value of 12,194,700,000 versus a total put value of 1,187,900,000 Combined total value = 13,382,600,000
Strike 2900 has a total call value of 15,047,900,000 versus a total put value of 951,300,000 Combined total value = 15,999,200,000
Strike 2920 has a total call value of 18,563,300,000 versus a total put value of 814,800,000 Combined total value = 19,378,100,000
Strike 2940 has a total call value of 22,203,300,000 versus a total put value of 678,300,000 Combined total value = 22,881,600,000
Strike 2960 has a total call value of 25,994,500,000 versus a total put value of 541,800,000 Combined total value = 26,536,300,000
Strike 2980 has a total call value of 29,913,100,000 versus a total put value of 405,300,000 Combined total value = 30,318,400,000
Strike 3000 has a total call value of 33,922,700,000 versus a total put value of 268,800,000 Combined total value = 34,191,500,000
Strike 3020 has a total call value of 38,600,800,000 versus a total put value of 201,600,000 Combined total value = 38,802,400,000
Strike 3040 has a total call value of 43,360,800,000 versus a total put value of 134,400,000 Combined total value = 43,495,200,000
Strike 3060 has a total call value of 48,189,400,000 versus a total put value of 67,200,000 Combined total value = 48,256,600,000
Strike 3080 has a total call value of 53,048,800,000 versus a total put value of 0 Combined total value = 53,048,800,000
Strike 3100 has a total call value of 58,060,100,000 versus a total put value of 0 Combined total value = 58,060,100,000
Strike 3120 has a total call value of 63,071,400,000 versus a total put value of 0 Combined total value = 63,071,400,000
Strike 3140 has a total call value of 68,236,700,000 versus a total put value of 0 Combined total value = 68,236,700,000
Strike 3160 has a total call value of 73,402,000,000 versus a total put value of 0 Combined total value = 73,402,000,000
What is Max Pain?
Max pain, or the max pain price, is the strike price with the most open contract puts and calls - and the price at which the stock would cause financial losses for the largest number of option holders at expiration.
Calculating Max Pain
Max pain is a simple but time consuming calculation. Essentially, it is the sum of the outstanding put and call dollar value of each in-the-money strike price. For each in-the-money strike price for both puts and calls:
- Find the difference between stock price and strike price
- Multiply the result by open interest at that strike
- Add together the dollar value for the put and call at that strike
- Repeat for each strike price
- Find the highest value strike price. This price is equivalent to max pain price.
How can a trader benefit?
As the option expiration approaches, option writers will try to buy or sell shares of stock to drive the price toward a closing price that is profitable for them, or at least to hedge their payouts to option holders. Call writers sell shares to drive share price down and Put holders buy shares to drive share price up. The max pain strike price exists somewhere in the middle.